Employment Outlook

Chaos in Washington moving Economy toward Tipping Point

How long does it take for economic and political chaos to unravel market confidence? No one knows for certain. But it is a sure bet that the US is headed down that road. The combination of destructive hurricanes, an...

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The Dow Retreats Fearing Trump’s Damage to his Agenda

At the market close, the Dow had tumbled 274 points, its biggest drop in over three months. The S&P declined by 500 points, and the NASDAQ decreased by 2%. While investors are concerned about big-box retail sales,...

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Like It or Not, we are in a New Stock Market Bubble

A common sign of a bubble is when investors sit around the table and brag about their huge returns, without being able to explain why, or even worse, not caring why. We have seen all this before, and yet groupthink and...

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Economy Is Progressing Nicely – along a Financial Tight Rope

General Overview The economy is improving nicely, even though it is walking a financial tight rope. The length of the current economic recovery defies historical trends, and the overheated stock market just keeps...

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Achievements of Black and Minority Businesses in Telecom May Be Threatened

Minority business owners (with the exception of Asians) continue to experience disparities in the general marketplace. This is especially true for Black entrepreneurs; their revenue growth was flat over the last five...

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Black Firms Lag in Capacity Growth

Over the last quarter century, the number of Black-owned businesses has grown at a record pace – nearly four times the rate of white-owned businesses. During the last decade, the gap in revenue and employment...

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Short-Run Gain, Long-Run Pain

If you wondering why the stock market has hit ten record highs in the last two months, the answer is easy – the new policies in Washington are designed to benefit those who are most likely to trade in the market...

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The Rising Economy Tide is Lifting all Boats, Except Black Businesses

Most key economic indicators are positive. Although the Labor Department’s January Jobs Report did not show stellar job growth during the month of December, the economy nevertheless produced 156,000 new jobs and wages...

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Global Outlook and Minority Businesses

This is the first segment of a two-part article.  Developments in the global economy are examined in the first segment.  Part two describes how those developments are likely to affect minority business owners. The...

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Highlights of the Global and U.S. Economic Outlook: We are in a Funk

A Roundup of Global Economic Trends: The Global Economy is in a Funk and Economic Uncertainty is Rising Three big drivers of the world’s economy – US, China, Emerging market economies The U.S. is the brightest...

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